Check out other loans that are currently fundraising!
18 De Octubre Group
In this Group: Natalia, Jeaneth Susy, Carmen Rosa , Rosamary, Betty, Zulma Yuwana , Esther, Herminia
The “18 de Octubre" communal bank will begin its fifth loan cycle in Pro Mujer, through the Villa Exaltación regional office. It is made up of eight members, and led by a board of directors, of which Jeaneth is the Secretary.

The businesses carried on by the members of the communal bank are varied, and include sale of fruit, sale of beer, weaving sweaters, sale of footwear, neighborhood store, general retail, sale of salchipapas (fast food dish made of hot dogs and potatoes), sale of cosmetics, and buying and selling stoves.

The loan they will take out will benefit people with small businesses, including Jeaneth. She says this is the first time she has been a part of Pro Mujer, joining at the invitation of her friend, who is a member of the institution.

Currently, she has a business selling clothing. She says that she started this business several years ago, through the encouragement of her parents.

The loan she will take out now is to increase her working capital by purchasing clothing, which she will buy from wholesalers and later sell at her stand. This form of work allows her to generate income for supporting her family as best she can, as she is in a common-law relationship and has two children.

When asked what she likes about Pro Mujer, she answers that she likes the training in health and credit.
View original language description ↓
La A.C. “18 DE OCTUBRE” iniciará el ciclo quinto ciclo en Pro Mujer, como parte del Centro Focal de Villa Exaltación, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Jeanet es la Secretaria. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de frutas, venta de cerveza, tejido de chompas, venta de calzados, tienda de barrio, comerciante de artículos varios, venta de salchipapa, venta de cosméticos, compra y venta de cocinas.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Jeaneth es una integrante, ella indica que es la primera vez que integra Pro Mujer, ingresando por invitación de su amiga que es socias de la institución. En la actualidad ella tiene un negocio de venta de ropa, ella cuenta que este negocio lo inicio por el incentivo de sus padres desde hace varios años

El crédito que ahora sacará es para el aumento de capital (compra de ropa) que comprará de las comerciantes que venden por mayor y posteriormente lo comercializará en su espacio de venta. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella vive en concubinato y tiene dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gustan las capacitaciones en salud y crédito.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Bolivia

  • $2,817
    Average annual income
  • 78
    View loans »
    Bolivia Loans Fundraising
  • $28,681,575
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of 18 De Octubre Group's $4,875 loan helped a member to buy clothing to sell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2012
Listed
Sep 14, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2013